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    Exam 15: Accounting for Colleges and Universities
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    Term Endowments Are Donor Restricted Resources Whose Principal Is to Be
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Term Endowments Are Donor Restricted Resources Whose Principal Is to Be

Question 34

Question 34

True/False

Term endowments are donor restricted resources whose principal is to be maintained intact until the happening of a particular event or the passage of a stated period of time.

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